1100 Riverside Dr #219Lake Havasu CityAZ86404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lake Havasu City at 1100 Riverside Dr #219, Lake Havasu City, AZ, 86404 generates $881/mo in rent and, after a $556/mo payment, leaves $210/mo in cash flow. Total monthly income is $881/mo, and annual cash flow is $2,515/yr on $37,625 invested. Return on cash invested sits at 26.59% in year one, and rental yield is 9.31% on a $113,500 entry. Equity gained on principal adds $732/yr, while 5% annual appreciation builds toward $31,358 over five years. Five-year ROI reaches 138.4% and total cumulative return in cash sums $52,074. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $881/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86404, Lake Havasu City, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,646 (100%) |
| Owner Occupied HU | 7,575 (59.9%) |
| Renter Occupied HU | 1,743 (13.8%) |
| Vacant Housing Units | 3,328 (26.3%) |
| Median Home Value | $465,210 |
| Average Home Value | $510,466 |
Housing Distribution
Address Breakdown
Residential
10,995
Single Family
10,093
Multi-Family
902
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiffany Wilson • Del Oro Realty, LLC
Mls Name: Lake Havasu AOR
Mls ID: #1036751